Kwang Sung Electronics H.K. (HKG:2310) says that it expects a loss for the year ended 31 December 2011, as compared with a profit for the year ended 31 December 2010, mainly due to decrease in turnover, increase in production costs and increase in slow moving inventory provision.
The annual results announcement of the company for the year ended 31 December 2011 is expected to be announced in late March 2012.